Thursday, 29 September 2016

Singapore Stock to watch: Duty Free International looks like a good defensive play



Dear Friends,

Recently I read a report on this stock by DBS. It seems to have good projections and a good growth for a rather defensive stock portfolio.

Given that its earnings EPS is growing at a rate of


Below are the reasons provided by the analyst from DBS about the growth potential of the stock. And I quite like its partnership with Heinemann Duty Free, which is one of the largest Duty Free Company in the world, operating in a lot of major cities airports.

Heinemann will provide a strong mix of products and management, adding more revenue to this company.

This is the stock price:


Although recently it burst up in price and I expect $0.50 to be a resistance, I am looking at a longer term play on this stock as I want to take advantage of the potential growth in EPS in 2018.

Rgds
Daniel
www.danielloh.com

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